12 Best Performing Large Cap Stocks to Buy

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8. Cloudflare Inc. (NYSE:NET)

Market Capitalization as of September 29: $76.17 billion

Number of Hedge Fund Holders: 59

Year-to-Date Performance as of September 29: 102.99%

Cloudflare Inc. (NYSE:NET) is one of the best performing large cap stocks to buy. On September 26, Cloudflare announced a new partnership with Giga, which is a joint initiative of UNICEF and the International Telecommunication Union/ITU for helping governments connect every school to the Internet worldwide. The partnership will use Cloudflare’s global network and its Speed Test solution to provide UNICEF with real-time data to better measure and monitor school Internet connectivity.

The global digital divide remains a significant challenge, with an estimated 1.3 billion children lacking home Internet access and nearly 50% of students unable to use the Internet daily at school. To address this, Cloudflare will conduct up to 10 million availability tests per month directly from schools to collect data on Internet speed, latency, and affordability.

The data will power Giga’s live open-source platform, Giga Maps, providing governments, the private sector, and civil society groups with the necessary insights to develop strategies, plan investments, and track progress toward bringing the Internet to underserved communities. Cloudflare’s global network, which includes data centers in over 330 cities worldwide, is positioned to minimize latency and provide accurate, real-time assessments globally to support Giga’s goal of universal school connectivity.

Cloudflare Inc. (NYSE:NET) is a cloud services provider that delivers several services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of platforms, and website & application security products.

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